Saints agreed to 4-year, $32M deal with Malcolm Jenkins; $16M guaranteed

The numbers are in for Malcolm Jenkins and although his new deal with the Saints still doesn’t make him one of the NFL’s highest-paid safeties, he did snag some more guaranteed money.

The #Saints have agreed to terms with safety Malcolm Jenkins, per source.

The terms are as follows:

Four years, $32M – up to 35 max – with $16.25 guaranteed.

— Jordan Schultz (@Schultz_Report) March 18, 2020

According to Jeff McLane of The Inquirer, Jenkins got a $9 million signing bonus and he could get $35 million if he reaches some incentives.

Malcolm Jenkins has signed w/ the Saints for 4 years, $32M w/ $16.5M fully guaranteed, per NFL source. There’s a $9M signing bonus. Total number could reach $35M if he hits play time/win incentives. Jenkins’ had 1 year left at $7.6M w/ #Eagles before they declined option day ago.

— Jeff McLane (@Jeff_McLane) March 18, 2020